Nevele Resorts' economic study promises big money for community and county

Wednesday

Jun 12, 2013 at 12:59 PMJun 12, 2013 at 1:04 PM

BY JEREMIAH HORRIGAN

ELLENVILLE — The company that wants to build a casino at the site of the old Nevele Resort has released an economic impact study that promises hundreds of millions of dollars in spending and tax advantages for the community and county over the next 20 years.The company, Nevele Investors LLC, released the study Tuesday, even as the political battle in Albany raged over whether the state will allow more than one casino to be developed in the Catskill region.Empire Resorts, which wants to build a casino for the Concord Resort, is believed to have the inside track on getting the state's nod for its plans.The economic impact study released by Nevele Investors projects construction labor and materials costs $200 million locally over a five-year period.In addition, during the same period, new spending would result in more than 1,600 new jobs a $40 million.Check back for more details.

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